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PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
The change comes after President Donald Trump announced new tariffs that also target a popular trade loophole, called “de ...
It's been a critical tool for Temu and Shein as they look to grow their presence in the U.S. by offering rock-bottom prices on everything from clothes and furniture to electronics and home decor.
It has become a big advantage for companies like Temu and Shein, as it helped them sell products like clothes, furniture, ...
including Shein and PDD Holdings' Temu, as they look to grow their presence in the U.S. by offering rock-bottom prices on everything from clothes and furniture to electronics and home decor.
On Monday, the Dow Jones lost another 0.28 percent, while the S&P 500 and the Nasdaq Composite both registered steep declines ...
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